By XRPUSDT
When analyzing the 8-hour chart of XRPUSDT, it reveals that price movements are continuing within a descending wedge pattern. If XRP fails to surpass the 0.5161 level, it may target downside movements towards 0.4910. Further decline below this level could potentially lead to a break below 0.4608, with a possible lower target around 0.4047. The key level to watch is whether XRP can break above or sustainably hold below the 0.5161 level in the coming sessions.
IMXUSDT
Upon examining the daily chart of IMXUSDT, it appears that price movements are continuing within a descending wedge pattern. If IMX fails to surpass the 2.1557 level, there is a possibility of downside movements towards 1.7847. Further decline below this level could potentially lead to a break below 1.3890, with a potential lower target around 0.9439. Traders should monitor the price action around these levels to gauge whether IMX can break above 2.1557 or if it sustains below 1.7847 for potential trading opportunities.
